Business Weekly

Business Weekly




BFX to take part in major international conference

September 9 - 15, 2009
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Bahrain Financial Exchange (BFX), the first multi asset exchange in the Middle East and North Africa, which will be internationally accessible to trade cash instruments, derivatives, structured products and Sharia-compliant financial instruments, launching in Q1, 2010, will participate in the 30th International SFOA Burgenstock conference, the annual International forum for derivative markets.





Inflation leads to deflation

September 9 - 15, 2009
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Qatar, along with the UAE, is expected to witness deflation this year mainly as a result of a fall in housing prices, says investment bank, EFG Hermes.





Standard Chartered wins banking award

September 9 - 15, 2009
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Standard Chartered Bank was selected as the Best Foreign Bank 2009 at the Banker Middle East Industry Awards.





Shamil reaches out to children

September 9 - 15, 2009
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Shamil Bank, a Bahrain-based Islamic commercial bank and a wholly-owned subsidiary of Ithmaar Bank, purchased sophisticated hearing aids to help two children regain their ability to hear.





Maintain output call

September 9 - 15, 2009
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Gulf producers will push to keep oil output unchanged at Opec's meeting today after a sharp rise in prices and will urge better adherence to production quotas, analysts said.